Baumann Dekor Private Limited has informed the Exchange regarding update on offer for sale of Eastern Silk Industries Limited
EASTSILK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Baumann Dekor Private Limited is conducting an Offer for Sale (OFS) of equity shares of Eastern Silk Industries Limited on NSE. On T day (March 18, 2026), only 39,263 out of 2,25,000 shares reserved for non-retail (institutional) investors were subscribed — a subscription of about 17.4%. The promoter has requested NSE to reallocate the unsubscribed 1,85,737 non-retail shares to the retail segment on T+1 day (March 19, 2026). After this reallocation, retail investors will be able to bid for 2,10,737 shares instead of the originally planned 25,000 shares. The reallocation is permitted under existing NSE OFS operating guidelines.
Very weak demand from institutional/non-retail investors on T day is a negative signal about confidence in the stock at the offer price. Retail investors get a larger pool of shares to bid for, which may improve participation but could also indicate the promoter struggled to find strong institutional buyers.